Salesforce stock buoyed by outlook, Chewy shares slump and other stocks on the move.

Salesforce Inc. shares CRM, +1.45% rallied more than 5% following the Dow Jones Industrial Average DJIA component’s strong outlook and improved margins two weeks ahead of the customer-relations management software giant’s annual confab Dreamforce in San Francisco.

Shares of Okta Inc. OKTA, +2.38% surged 11% after the identity-management software company hiked its annual earnings outlook by about a third after feared weak business conditions did not develop. Shares of Pure Storage Inc. PSTG, +0.44% rose 3% after the company reported earnings that topped analyst estimates on the top and bottom line. Pure Storage also offered third-quarter revenue guidance that exceeded analyst forecasts.

UBS shares UBS, +0.60% rose 5%, as the Swiss bank reported a $29 billion profit and said inflows to wealth management have been positive this quarter.Shares of Five Below Inc. FIVE, +0.15% dropped more than 5% after the retailer said it was tweaking its guidance to account for more “shrink” than anticipated.

Chewy shares CHWY, +0.18% dropped 5% as the pet products retailer said it expects lower prices amid weaker demand.

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